Spectre.ai vs Quotex

Spectre.ai vs Quotex Comparison Table 2023
Spectre.ai	Quotex
Spectre.ai has closed.	Review 4.4
Traders from US not accepted See available binary options brokers	Traders from US not accepted See available binary options brokers
Spectre.ai is a binary options trading platform that offers an innovative blockchain-based system and proprietary products with payouts up to 400%. Spectre sources liquidity directly from traders with no middleman, and offers a transparent trading environment with all transactions visible on a verified ledger. The broker offers contracts on crypto and forex pairs with flexible expiry times and instant payouts on an easy-to-use bespoke platform and mobile app.	Quotex is a binary options broker founded in 2019 and based offshore in St. Vincent and Grenadines. Over 400 digital options are available covering currencies, commodities, stocks and crypto. Binary contracts span 5 seconds to 4 hours with high payouts of 95%+ depending on market conditions.
Bonus Offer
	30% Deposit Bonus
Comment by Reviewer
"Spectre.ai is a good option for binary options traders with an eye for innovative technology and flexible contract lengths."	"Quotex is best for making short-term bets on popular markets. The payouts up to 98% are above average and the platform is easy to use. That said, the lack of regulatory oversight, education and weak support are drawbacks."
Pros
Trades are verified through a decentralized public ledger 100+ assets are available with payouts up to 400% Unique Epochal Price Index Composite (EPIC) assets Privileges and perks can be bought in Trader's Bay Crypto deposits are accepted with no transfer fees The low minimum deposit of $0 will suit new traders A free demo account is available	Quotex is excellent for short-term binary trading with turbo contracts from 5 seconds Account funding is straightforward thanks to the wide range of payment methods and zero fees The platform delivers a superb user experience with a strong charting package The $10 starting deposit and $1 minimum stake make Quotex.io great for beginners Daily signals are useful for finding opportunities
Cons
Spectre.ai is not regulated by a reputable authority No MT4 integration for advanced chart analysis No copy trading service	Quotex is unregulated, which means traders receive limited safeguards Despite advertised payouts of up to 98%, testing shows average payouts trail best-in-class broker Pocket Option There is no copy trading, which could support new traders looking to learn from experienced investors Customer support was weak during testing with no live chat and slow response times Quotex trails industry leaders when it comes to education and market research
Instruments
Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC, CFD	Digital Options on Stocks, Indices, Forex, Commodities, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$0	$10
Trading Platforms
Own	Web Platform Mobile App
Payment Methods
ADVcash Bitcoin Payments Boleto Credit Card Debit Card Ethereum Payments FasaPay Finrax Neteller Paysafecard Perfect Money PIX Payment Skrill UnionPay Visa Wire Transfer	Bitcoin Payments Credit Card Debit Card Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer
Minimum Trade
$1	$1
Regulator
St. Vincent and the Grenadines	None
Margin Trading
Yes	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
Yes	Android
Auto Trading
Yes - through APIs	No
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	Daily Trading Signals
VPS Hosting
No	No
Tournaments
Yes	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP	USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH
Stock Exchanges
Nasdaq New York Stock Exchange	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
Gold Silver	Gold Oil Silver
Forex Trading
Trade binary options on 18 forex pairs, including a selection of majors, minors and cross pairs such as GBP/USD, EUR/USD and AUD/JPY. Gold and silver binary options are also available paired with USD.	You can trade binaries on 20+ currency pairs including majors, minors and exotics. This is a smaller range of forex assets than leading competitors but payouts are decent, climbing to over 80% on the EUR/USD.
GBPUSD Spread
0.90	N/A
EURUSD Spread
0.58	N/A
EURGBP Spread
0.90	N/A
Assets
20	20+
Cryptocurrency
Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin. Users just have to decide if the price of the digital token will rise or fall over an agreed timeframe.	Quotex offers binary options trading on a handful of cryptos. While the range of digital currencies is narrow, there are leading tokens, including Bitcoin, Litecoin and Ethereum. Payouts on cryptocurrencies are also above average.
Spread
Variable	N/A
Coins
BTC LTC ETH DSH BCH LINK UNI AAVE TERRA MKR AVAX SNX COMP SUSHI CAKE FTM YFI UMA RUNE REN ZRX BNT	BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Spectre.ai offers binary options trading on multiple markets with a $0 starting deposit and payouts up to 400%. No other binary brands match Spectre in terms of payouts.	Quotex offers ultra-short-term binaries on hundreds of assets with up/down contracts that expire between 5 seconds and 4 hours. The broker provides an intuitive web platform, with multiple charting styles, dozens of indicators and daily trading signals.
Payout
400%	98%
Expiry Times
1 second - 1 day	5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Spectre.ai has closed.	Review
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